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New Money for Commerical Loans

By
Mortgage and Lending with Nock Media of Va

Commerical lending seems to be opening up a little. i have seen some of the rules being relaxed mainly with a owner occupied property. As commerical property goes the buyer needs to be a real person but the property will be what is looked at more than anything else and the use of the properties. Second would be what the building will be supporting. They are also taking a good look on multi properties where the buyer is part of the business moving in.

Comments (2)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

This is really good news since I have a client looking for apartments.

Aug 02, 2010 07:13 PM
Joe Charnock
Nock Media of Va - Virginia Beach, VA

the apartment did not change that much except the moneu just went south. no money no need to change any rules til it doesl Let me know if i can help. wow i think its time to go to sleep i jad to back space 10 or more times on this small blog. good nite/

Aug 02, 2010 07:19 PM